SEC to Consider New Bitcoin and Ethereum Exchange-Traded Fund Application

News. United States regulator, the Securities and Exchange Commission (SEC), is reviewing a new application for a cryptocurrency exchange-traded …

United States regulator, the Securities and Exchange Commission (SEC), is reviewing a new application for a cryptocurrency exchange-traded fund (ETF), documents released on May 9 show.

The product comes courtesy of Crescent Crypto Index Services, a subsidiary of benchmarking and passive index investing firm Crescent Crypto Asset Management.

It would include a portfolio of both bitcoin (BTC) and ether (ETH), and be active on the New York Stock Exchange (NYSE) under the “XBET” ticker.

“XBET is an exchange traded fund. This means that most investors who decide to buy or sell shares of XBET place their trade orders through their brokers and may incur customary brokerage commissions and charges,” the filing confirms. It continues:

“Shares of XBET are expected to trade on the NYSE Arca under the ticker symbol ‘XBET’ and will be bought and sold throughout the trading day at bid and ask prices like other publicly traded securities.”

As Cointelegraph continues to report, the SEC has yet to approve any form of cryptocurrency ETF for the U.S. market.

Concerns over compliance mean that rejections have come frequently since the first bid to launch the product in March 2017, with delays contributing to the already slow progress.

At the same time, regulators themselves have hinted they are confident that at some point in the future, an ETF will satisfy all the necessary requirements, a view echoed by industry figures.

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TD adds three to ETF line-up

The fund invests primarily in dividend-paying equity securities of issuers domiciled anywhere in the world, while possibly using options strategies to …
TD adds three to ETF line-up

Several weeks after it announced new alternative investment solutions for accredited investors, TD Asset Management has expanded its ETF shelf with three new offerings.

“We are excited once again to be introducing new ETFs to the marketplace, providing investors with more choice and value-added solutions,” said Bruce Cooper, CEO & CIO, TD Asset Management. “These ETFs build upon our strength at TDAM in passive and active portfolio management, including low volatility strategies.”

The new TD ETFs, which are trading on the TSX, include:

  • TD Active Global Enhanced Dividend ETF (TGED) – an actively managed, total-return focused strategy, TGED takes advantage of global income opportunities while providing capital growth potential. The fund invests primarily in dividend-paying equity securities of issuers domiciled anywhere in the world, while possibly using options strategies to help reduce risk and earn additional income. With an estimated risk rating of “Medium,” it’s available to investors for an annual management fee of 0.65%.
  • TD Systematic International Equity Low Volatility ETF (TILV)– through a quantitative strategy, TILV aims to achieve long-term capital growth through direct investments in, or exposure to, equity securities of developed-market issuers domiciled in Europe, Australasia, and the Far East. It also seeks to reduce volatility, and comes with a management fee of 0.35% as well as an estimated risk rating of “Low to Medium.”
  • TD Global Technology Leaders Index ETF (TEC) – focused on technology, TEC seeks to track, to the extent reasonably possible and before deducting fees and expenses, the performance of the Solactive Global Technology Leaders Index. Measuring the investment return of global mid- and large-capitalization issuers related to technology, the index can provide investors with exposure to the most successful tech companies as well as emerging tech firms. The fund is estimated to have a “Medium” risk rating, and its management fee is 0.35%.

“As Canada’s largest asset manager, we are continuously seeking to provide innovative products to help our clients meet their investment goals,” Cooper said.

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Janney Montgomery Scott LLC Has $59.76 Million Stake in Vanguard Mid-Cap ETF (VO)

The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund. Recommended Story: How Do Investors …

Vanguard Mid-Cap ETF logoJanney Montgomery Scott LLC lessened its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 371,759 shares of the company’s stock after selling 2,243 shares during the period. Janney Montgomery Scott LLC owned approximately 0.24% of Vanguard Mid-Cap ETF worth $59,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of VO. Deutsche Bank AG purchased a new position in Vanguard Mid-Cap ETF in the fourth quarter valued at $415,119,000. Bank of America Corp DE grew its position in shares of Vanguard Mid-Cap ETF by 9.8% in the fourth quarter. Bank of America Corp DE now owns 9,489,687 shares of the company’s stock valued at $1,311,286,000 after purchasing an additional 843,715 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard Mid-Cap ETF by 20.7% in the third quarter. JPMorgan Chase & Co. now owns 4,499,279 shares of the company’s stock valued at $738,736,000 after purchasing an additional 771,040 shares during the period. Natixis Advisors L.P. grew its position in shares of Vanguard Mid-Cap ETF by 673.6% in the fourth quarter. Natixis Advisors L.P. now owns 840,905 shares of the company’s stock valued at $116,196,000 after purchasing an additional 732,202 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Vanguard Mid-Cap ETF by 1,223.1% in the fourth quarter. Bessemer Group Inc. now owns 343,808 shares of the company’s stock valued at $47,508,000 after purchasing an additional 317,823 shares during the period.

VO traded down $0.55 on Thursday, reaching $162.68. 9,620 shares of the company’s stock were exchanged, compared to its average volume of 551,458. Vanguard Mid-Cap ETF has a twelve month low of $129.51 and a twelve month high of $167.25.

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Vanguard Mid-Cap ETF Profile

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.

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Institutional Ownership by Quarter for Vanguard Mid-Cap ETF (NYSEARCA:VO)

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SG Americas Securities LLC Sells 7703 Shares of iShares Russell 1000 Growth ETF (NYSEARCA …

The institutional investor owned 96,123 shares of the exchange traded fund’s stock after selling 7,703 shares during the quarter. SG Americas …

iShares Russell 1000 Growth ETF logoSG Americas Securities LLC reduced its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,123 shares of the exchange traded fund’s stock after selling 7,703 shares during the quarter. SG Americas Securities LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,549,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Traverso Chambers Private Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 0.7% during the 1st quarter. Traverso Chambers Private Wealth Management LLC now owns 9,547 shares of the exchange traded fund’s stock worth $1,445,000 after buying an additional 69 shares during the period. Kistler Tiffany Companies LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.7% during the first quarter. Kistler Tiffany Companies LLC now owns 11,045 shares of the exchange traded fund’s stock valued at $1,672,000 after purchasing an additional 72 shares in the last quarter. Cypress Wealth Services LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.9% during the first quarter. Cypress Wealth Services LLC now owns 7,913 shares of the exchange traded fund’s stock valued at $1,198,000 after purchasing an additional 73 shares in the last quarter. Resources Investment Advisors Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. Resources Investment Advisors Inc. now owns 16,051 shares of the exchange traded fund’s stock valued at $2,101,000 after purchasing an additional 76 shares in the last quarter. Finally, Hudock Capital Group LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 32.8% during the first quarter. Hudock Capital Group LLC now owns 320 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 79 shares in the last quarter.

Shares of IWF stock traded down $2.13 during mid-day trading on Thursday, reaching $152.77. 424,921 shares of the stock traded hands, compared to its average volume of 1,863,975. iShares Russell 1000 Growth ETF has a 1-year low of $121.71 and a 1-year high of $158.96.

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iShares Russell 1000 Growth ETF Company Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Hudock Capital Group LLC

The Vanguard Group, Inc provides investment advisory services to the Fund. Further Reading: How much can an individual set aside as a catch-up …

Vanguard Real Estate ETF logoHudock Capital Group LLC decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 89,006 shares of the exchange traded fund’s stock after selling 3,884 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 2.8% of Hudock Capital Group LLC’s holdings, making the stock its 10th largest position. Hudock Capital Group LLC’s holdings in Vanguard Real Estate ETF were worth $7,735,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Investors Research Corp purchased a new stake in shares of Vanguard Real Estate ETF during the first quarter valued at $28,000. Massey Quick Simon & CO. LLC acquired a new position in shares of Vanguard Real Estate ETF during the 1st quarter valued at about $37,000. Prime Capital Investment Advisors LLC increased its holdings in shares of Vanguard Real Estate ETF by 55.3% during the 1st quarter. Prime Capital Investment Advisors LLC now owns 458 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 163 shares during the last quarter. New Potomac Partners LLC increased its holdings in shares of Vanguard Real Estate ETF by 320.0% during the 4th quarter. New Potomac Partners LLC now owns 462 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 352 shares during the last quarter. Finally, Athena Capital Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $35,000.

Shares of NYSEARCA VNQ opened at $85.72 on Thursday. Vanguard Real Estate ETF has a 52 week low of $71.08 and a 52 week high of $88.14.

COPYRIGHT VIOLATION NOTICE: “Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Hudock Capital Group LLC” was originally published by Finance Daily and is owned by of Finance Daily. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.fidaily.com/2019/05/09/vanguard-real-estate-etf-vnq-shares-sold-by-hudock-capital-group-llc.html.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.

Further Reading: How much can an individual set aside as a catch-up contribution?

Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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